SmartEquip, Norwalk, Conn., announced Friday that United Rentals, Inc., Greenwich, Conn., has selected SmartEquip's e-Procurement Enterprise System to manage the company's purchasing transactions. The system was designed to handle direct and indirect procurement in asset-intensive industries, such as equipment rental.
Fully integrated with United Rentals' rental, purchase, and financial management systems, the SmartEquip system will provide significant cost and time savings, as well as improved order accuracy at the company's rental locations and corporate offices. Vendors will benefit from streamlined order placement and fulfillment.
Equipment manufacturers who use SmartEquip's e-FleetPro network are able to provide United Rentals' users with serial number-specific product support, including interactive parts catalogs, self-updating service documentation, and real-time information concerning parts and whole goods availability.
“We selected SmartEquip's e-Procurement Enterprise System after successfully piloting its parts and service support technology at numerous branches throughout our North American network,” said James T. Milde, senior vice president and chief information officer for United Rentals. “During the past 18 months, our employees have commented that the technology has helped improve productivity. By extending this capability across our entire fleet, services, contractor supplies and parts-purchasing activities, we will create substantial efficiencies for ourselves, as well as our suppliers.”